According to Techub News, according to Ming Pao, Zhang Yu, the operations director of OneInfinity by OneDegree, a virtual asset insurance provider in Hong Kong, said that customized insurance and risk management solutions have been developed to help stablecoin issuers manage risks related to network security, wallets, operations and smart contracts. Opinions have been submitted on the licensing conditions and requirements, which include analysis of major errors in stablecoins in the past, wallet and custody risks, and operational risks, and suggestions for virtual asset wallet custody and continuous on-chain and off-chain monitoring.